A mutual fund that invests primarily in short-term,low risk securities like commercial paper and Treasury bills are called ____ mutual funds.
A) value
B) growth
C) money market
D) indexed

Question

Quizplus · Accepted Answer

Money market mutual funds invest in short-term, low risk securities such as commercial paper, Treasury bills, and certificates of deposit. These funds are considered low risk and are typically used as a temporary place to hold cash or as a short-term investment option.

A Mutual Fund That Invests Primarily in Short-Term,low Risk Securities